Author Question: Which of the following would be an explicit agreement of reimbursement on a contract? (Read 69 times)

OSWALD · **on:** Mar 6, 2021

Question 1

Which of the following is an example of an allowable cost considered by U.S. government contract?
◦ supervision costs
◦ costs of lobbying activities
◦ costs of alcoholic beverages
◦ costs of vacation for executives

Question 2

Which of the following would be an explicit agreement of reimbursement on a contract?
◦ contractor will produce a bill at the end of the contract without having disclose costs
◦ contractor will seek payment for contract without having to submit a bid or disclose a mark-up
◦ contractor agrees with customer before the project begins, on a set price
◦ Contractor will bill the customer based on what the contractor perceives to be the going rate

Laurenleakan · **Reply #1 on:** Mar 6, 2021

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